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Transact FUD rise 9.1% after high first quarter inflows

Funds under direction (FUD) at platform Transact totalled £44.82bn at the end of December, an increase of 9.1% over the previous quarter as gross inflows rose.


Brooks Macdonald FUM rises 13.6%

Total group funds under management at wealth manager and Financial Planner Brooks Macdonald increased 13.6% to £15.5bn in its second quarter ending 31 December 2020.


Inflows at AFH hit by Coronavirus pandemic

Financial Planning-led wealth management firm AFH Financial has reported that its client inflows continue to be impacted by the Coronavirus pandemic.


FCA: Adviser reporting form changes may halve costs

Changes to the financial reporting form advisers use to submit annual returns to the FCA could halve the costs of providing adviser charging data across the industry, the regulator said today.

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